January inflation in Dubai down at 0.94%
The monthly consumer prices inflation rate in Emirate of Dubai dropped 0.94% in January 2012 compared to December 2011, due to the decrease in...
UAE Central Bank Expects Recovery of Economic Activity in H2 2020
The Central Bank of the UAE, CBUAE, has projected the recovery of economic activity to commence in the second half of the year.
The first...
Arab Petroleum Investments Corporation Highlights Economic Opportunities, Challenges for MENA Countries...
Arab Petroleum Investments Corporation (APICORP) highlights the economic opportunities and challenges for MENA countries under COVID-19These opportunities include bringing production closer to consuming markets...
UAE Cabinet approves non-deficit Union Budget for 2013
The UAE Vice President and Prime Minister and Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum, said today that health, education,...
UAE Minister of Economy opens second meeting of UAE- Azerbaijan Joint...
The second meeting of the UAE- Azerbaijan joint economic committee was inaugurated today in Abu Dhabi. H.E Sultan Bin Saeed Al Mansouri, UAE...
Business confidence in Dubai soars on rebound in key sectors
Economic activity and outlook demonstrates stable growth and move towards sustainability
The economy of Dubai looks set to sustain its growth momentum with investor confidence...
More Economic Uncertainty on the Horizon
More than half (56%) of chief economists expect the global economy to weaken in 2024, with seven in 10 saying pace of geoeconomic fragmentation...
UAE’s Progress Towards Greener Economy Measured by International Standards
The 2014 Global Green Economy Index (GGEI) revealed that UAE' economy is the greenest in the Middle East. However, on a more global scale,...
Resurgence of COVID-19 Could Cause Global Economic Depression
According to the Moody’s Analytics baseline economic forecast, real global GDP will fall by 4.5% this year as a result of COVID-19. Our base...
Outlook 2016: Global Growth Edges Up
Economists at Goldman Sachs have released what they believe will be the 10 biggest of 2016. Here they are:
1. Global growth, more stable than...
UAE proposes fresh initiatives to tackle crisis
The UAE ministry of economy has proposed a new set of initiatives to strengthen the economy and minimise the impact of the global financial...
Global financial crisis set to reduce prospects for economic growth :...
The present global financial crisis will reduce the prospects for the UAE economic growth from high single digit to low single digit growth in...
Gulf Common Market 2012 Statistical Report Released
GCC nationals register 56,663 property contracts in the UAE 2012
Saudis represent 43.2% of the licenses granted to GCC nationals to practice economic activities within...
China slowdown not solely responsible for market volatility
The slowdown in the Chinese economy is one factor contributing to global market volatility
Investors and economists everywhere are worried about the interest rates of...
UAE among Top 10 on Global Consumer Confidence Index
The United Arab Emirates was among the top 10 countries worldwide in terms of consumer confidence, according to The Nielsen Global Consumer Confidence Index
Dubai’s debt could be as much as $170 billion: Report
The total debt of Dubai could be as much as $170 billion, much higher than earlier reported, according to a report by EFG-Hermes...
Global Economic Weekly: Policy pauses and pitfalls
The latest report from BofA Merrill Lynch Global Research, titled, "BofA ML Economics - Global Economic Weekly: Policy pauses and pitfalls, authored by the Global Economics Team...
Dubai Business Confidence Index Reaches 120.7 Points in Q2 of 2013
Ease of business and improving market conditions boost business confidence in Dubai
Manufacturing sector leads in profit estimates, service sector foresees new jobs while trading...